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 Sole Proprietor, How to start?

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incubusze
post Jun 23 2006, 11:08 AM

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Joined: Apr 2006


QUOTE(LightEnchanter @ Jun 23 2006, 10:43 AM)
Hi all,

1) may i know how to start my own Sole Proprietor type Business?
2) beside the registration, do i have to pay other fees?
3) how's the license like?
4) how's the tax like? (governement tax, income tax, bla bla bla), how often should i pay this?
5) any suggestions or tips regarding to this type of business?
Thanks !!!
notworthy.gif  notworthy.gif  notworthy.gif
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4) u pay tax as an individual (ie: your personal tax)..your sole proprietor business income will be taxed under biz income. u pay tax once every year...on a scaled rate up to 28% of your chargeable income (depending on how much income u earn)

1,2,3,5 not sure..haha

 

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